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There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...
BJP Lok Sabha MP Tejasvi Surya commended the new Income Tax Bill on Thursday, highlighting that the legislation will simplify the lives of Indian taxpayers ... Taxation System, making it more ...
From tax-saving tools to pension plans, government schemes offer a safe route to financial freedom. Here are the top 10 government-backed investment options every Indian must know in 2025.
The GST, first implemented in 2017, was initially considered a revolutionisation of the Indian tax system. It was the most extensive tax reform since India’s independence in 1947 because it ...
The biggest news in this amendment is that the 6% Equalisation Levy can be removed. Equalisation Levy is a type of tax imposed on foreign digital companies that offer digital services to Indian users.
Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or nil rate of tax, know how to get out of this problem ...
A majority of Indian startups do not meet the criteria ... BDO’s Mehta added that a single window clearance system could expedite tax validation for startups during tax holidays.
NPS aims to offer financial security to all Indians after 60 years of age, when regular income stops for most.
BENGALURU: The Indian IT sector remains resilient, and there is no direct impact from the US tariff hikes, say experts. However, there might be indirect b ...
Flagging alleged large-scale tax avoidance among India’s most affluent, the Congress on Monday alleged the Modi government has ended the sanctity of the tax administration system, giving a message ...
Al Shamsi highlighted the tax benefits enjoyed by both individuals, including about 3.8 million Indian expats ... air traffic management system in new DWC Airport); digital technologies (Internet ...